Not even a day left, this month has its mind made up.
I am looking at the gains for $BTC this year, it is astonishing. You may not think as if it is positive for the most part. Indeed it is moving at a pace well above normal. The words out there are all about $100k for a BTC. Putting together each month you can come up with a percentage that fits the profile.
Around 100% gain if you start the year strong.
Crypto keeps getting better beating expectations after another.
As a whole crypto is a clear winner. Everyone with the right portfolio should be amazed.
While I am praising 2023 that way. It is not all roses along the way. We had some major hiccup that could derail the growth.
Take for example #FTX drama where many lost. I can say this is a centralized exchange issue. There is a point where anyone should think twice to trust or leave money inside an exchanger. With pressure from all sides with #SEC, you know it is a serious matter when it turns out #Binance was next. Yes the market stumbles but it is not the same culture like before. BTC finds its footing where it is holding on a calculated environment. The brouhaha of #ETF is about to get really loud.
Looking at the graph almost for the full year, it is clear this is promising for crypto. Last time we had a year similar to this, was 2020. We can go back as well 2016. No relation between them except we had two #halvings pushing the price higher.
It is common to see emotions boiling around the line. Perfect cause and effect relationship.
I have to make that remark knowing well 2024 will be a year of actions. Halving on the way, maybe BTC ETF is next. Billions of dollar flowing among crypto. It sounds like it is a clear winner for everyone investing in crypto.
For many it will be another year cause they are not ready to ride the wave. It is best to look at the whole picture and then mount your interest for the future.
Just looking at #HIVE it is a token with a volatility so low you wonder why it is where it is. Last year it was at that price it is today. Hope you have more than last year and continue to grow. This is how you plan ahead.
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Despite all the pessimism out there, crypto seems to empower many more. I have to say with #ETF arrival, the big pocket will change how the market behaves. It is just another way, another option down the line. It is purely financial as long you remain focus to find your niche.
Holding crypto is ideal the minute you understand it is a marathon.
BY the way looking at November for the past two years, it was a meager months to watch. Last year was not fun to be around crypto. Compare to October year after year it is a month a great recurring. It is to say it announces great things for 2024.
Depending on your move, November is another month bridging to December where life continues. Informatively you are about to witness a year where crypto could find itself between the lines and regulations. $100k/BTC could be the norm. The fact that it is probable, this is enough to take some calculated risk.
This is when volatility is the most beautiful thing in the world.
Hope you find December stronger than ever.
Keep on vesting.